Minn-iowa Christian Broadcasting Inc
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Minn-iowa Christian Broadcasting Inc is a 501(c)(3) organization based in Mankato, Minnesota, registered in 1983, with $2,341,821 in FY2024 revenue. CharityIndex grades it B.
860 Madison Ave, Mankato, MN, 56001 EIN 41-1412836 Since 1983
Revenue (FY2024)
$2.3M
▲ 16.8% vs prior year
Expenses (FY2024)
$2.0M
Net assets
$3.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Minn-iowa Christian Broadcasting Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating21 mo reserves · +13% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Minn-iowa Christian Broadcasting Inc: 21 mo reserves · +13% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Minn-iowa Christian Broadcasting Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Minn-iowa Christian Broadcasting Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $1.5M (FY2014) to $2.3M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $406KNet assets $3.6M
Operating margin
12.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.0M
Total liabilities
$406K
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,341,821▲16.8% | $2,043,861▲5.3% | $3,630,030▲8.9% | $4,035,567▲10.8% | 990 |
| 2023 | $2,005,524▼27.5% | $1,940,415▼2.4% | $3,332,591▲1.3% | $3,641,839▲1.4% | 990 |
| 2022 | $2,765,372▲58.0% | $1,988,562▲27.6% | $3,289,058▲29.6% | $3,591,890▲1.2% | 990 |
| 2021 | $1,750,381▲3.7% | $1,557,898▲5.6% | $2,538,333▲17.0% | $3,549,582▲28.3% | 990 |
| 2020 | $1,687,165▲5.3% | $1,475,035▲4.7% | $2,169,315▲10.6% | $2,767,268▲33.8% | 990 |
| 2019 | $1,601,629▲5.4% | $1,409,044▲0.8% | $1,960,656▲23.9% | $2,068,086▲9.5% | 990 |
| 2017 | $1,519,014▲6.7% | $1,397,398▲5.2% | $1,583,057▲8.8% | $1,888,712▼1.2% | 990 |
| 2016 | $1,424,088▼0.1% | $1,328,709▲3.7% | $1,454,510▲6.5% | $1,911,320▲1.2% | 990 |
| 2015 | $1,425,239▼8.0% | $1,280,842▼7.7% | $1,365,722▲13.2% | $1,888,751▲0.8% | 990 |
| 2014 | $1,549,710 | $1,388,342▼25.9% | $1,206,126▲44.4% | $1,873,244▲0.2% | 990 |
| 2012 | — | $1,873,682▲55.5% | $835,323▼72.6% | $1,870,362▼39.4% | 990 |
| 2010 | — | $1,204,921 | $3,045,466 | $3,087,118 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $137K total
14 grants to Minn-iowa Christian Broadcasting Inc totaling $137K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Greater Horizons | Religion-related | 2024 | $25,000 |
| National Christian Charitable Foundation | Media and publishing | 2024 | $23,610 |
| National Christian Charitable Foundation | Culture | 2023 | $20,110 |
| American Endowment Foundation | General operating support | 2023 | $7,588 |
| Donor Advised Charitable Giving | Religion related | 2023 | $7,230 |
| National Christian Charitable Foundation | Culture | 2022 | $14,045 |
| National Christian Charitable Foundation | Culture | 2022 | $14,045 |
| Donor Advised Charitable Giving | Religion related | 2021 | $7,675 |
| Thrivent Financial For Lutherans | General support | 2020 | $5,775 |
| National Christian Charitable Foundation | Culture | 2019 | $6,000 |
| National Christian Charitable Foundation | Culture | 2018 | $2,160 |
| National Christian Charitable Foundation | Arts, media, and culture | 2016 | $2,500 |
| National Christian Charitable Foundation | Arts, media, and culture | 2015 | $1,000 |
| National Christian Charitable Foundation | Arts, media, and culture | 2014 | $490 |
Frequently asked questions
- Is Minn-iowa Christian Broadcasting Inc a legitimate nonprofit?
- Yes. Minn-iowa Christian Broadcasting Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1412836, based in Mankato, Minnesota. Donations are tax-deductible.
- What is Minn-iowa Christian Broadcasting Inc's EIN?
- Minn-iowa Christian Broadcasting Inc's Employer Identification Number (EIN) is 41-1412836.
- How much revenue does Minn-iowa Christian Broadcasting Inc report?
- Minn-iowa Christian Broadcasting Inc reported $2,341,821 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Minn-iowa Christian Broadcasting Inc have?
- CharityIndex grades Minn-iowa Christian Broadcasting Inc B, based on financial health (reserves and operating margin).
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Explore more
Data for Minn-iowa Christian Broadcasting Inc (EIN 41-1412836) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.